Janney Montgomery Scott LLC Boosts Stock Position in Fidelity Total Bond ETF (NYSEARCA:FBND)

Janney Montgomery Scott LLC increased its stake in Fidelity Total Bond ETF (NYSEARCA:FBNDFree Report) by 15.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 130,516 shares of the company’s stock after buying an additional 17,609 shares during the period. Janney Montgomery Scott LLC owned 0.07% of Fidelity Total Bond ETF worth $5,856,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FBND. Mark Sheptoff Financial Planning LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $25,000. Northwest Investment Counselors LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $30,000. Highline Wealth Partners LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $47,000. Darwin Wealth Management LLC purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Fidelity Total Bond ETF during the 3rd quarter valued at $87,000.

Fidelity Total Bond ETF Stock Performance

Shares of FBND opened at $45.19 on Thursday. The business’s fifty day simple moving average is $45.25 and its two-hundred day simple moving average is $45.84. Fidelity Total Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.30. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 8.85 and a beta of 0.19.

Fidelity Total Bond ETF Company Profile

(Free Report)

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.

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Institutional Ownership by Quarter for Fidelity Total Bond ETF (NYSEARCA:FBND)

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